These are the key factors of Capital Gain in Mexican Caribbean
February 6, 2024
The choice of these dates is not accidental. That decade ranges from the recovery after the last real estate crisis, due to the so-called “swine flu” epidemic, to the emergence of COVID-19. However, also in those periods of contraction, Mexico behaved differently. During the 2008 crisis, real estate growth was 0% (without devaluation), while in the United States, the market contracted by 52%.
On the other hand, Mexico is very different from the United States or other countries. There the down payment is low and it is the bank that assumes the credit risk. Here, you have to verify that you can pay for the property in addition to giving a very high down payment; it is common for people to buy property with their own money.
1. A good investment in real estate provides a return on investment (ROI), which is nothing more than the benefit obtained from it. The return on investmentit’s a very significant factor in deciding what type of investment to make, although it should also be noted that this calculation shows the potential return on the property. When investing in real estate, it is very important to calculate the return on investment, which will be determined by many factors, such as rates, public services, maintenance expenses, deeds, and above all, capital gains, that is, the increase in the value of the property. over time.
2.In Mexican Caribbean, capital gains have skyrocketed in recent years, thanks to the demand to acquire real estate in tourist areas.Quintana Roo is characterized by having paradises such as Cancun, Playa del Carmen, Tulum, Puerto Aventuras and Puerto Morelos, where investment and real estate development grows exponentially. In the Mexican Caribbean you will have a good ROI in the short and medium term through vacation rentals or even temporary rentals, since their rents range between 4 and 20 thousand pesos per week, depending on the property.
3.Investing in Mexican Caribbean is always a safe investment
The real estate investment potential in the southeast of Mexico is a safe bet to generate extra income with the purchase of a property, thanks to the accelerated return on investment, as well as the business possibilities that exist in this area. The key to the success of your project will depend on the quality of the properties, the area where they are purchased and the needs and requirements you have.
Having specialized advice on the subjects described are vital to safeguard your capital. Contact us in order to receive the best advice for your process of buying a home inMexican Caribbean
Thanks
C.P. Karina Sayed
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